June 23, 2016

Nomura Upgraded Home Depot Inc (HD)


Home Depot Inc (NYSE:HD) was upgraded by equities researchers at Nomura from a “neutral” rating to a “buy” rating in a note issued to investors on Thursday, The Fly reports.

A number of other equities analysts have also weighed in on the stock. Deutsche Bank reaffirmed a “buy” rating and issued a $143.00 target price on shares of Home Depot in a research note on Friday, June 17th. Jefferies Group restated a “buy” rating and set a $156.00 price objective on shares of Home Depot in a research note on Wednesday, June 15th. Vetr upgraded shares of Home Depot from a “buy” rating to a “strong-buy” rating and set a $148.82 price objective for the company in a research note on Wednesday, June 1st. BTIG Research initiated coverage on shares of Home Depot in a research note on Wednesday, June 1st. They set a “buy” rating and a $155.00 price objective for the company. Finally, Topeka Capital Markets initiated coverage on shares of Home Depot in a research note on Monday, May 23rd. They set a “buy” rating and a $158.00 price objective for the company. One analyst has rated the stock with a sell rating, six have issued a hold rating, eighteen have assigned a buy rating and one has issued a strong buy rating to the company. Home Depot currently has a consensus rating of “Buy” and an average target price of $144.45.